Capital Improvements
Within the past several weeks, a number of sidewalks were replaced. Our property management company, EPM and the contractor walked the community and marked the sections that were seriously cracked/raised and were clearly “trip hazards”. To reduce our liability and keep the walkways safe, we quickly moved to repair the sections.
The biggest project completed during the past year was the replacement of the entrance signage, installation of retaining walls and new plantings. Our Long Term Capital Budget included funds for that purpose and that is what we used, so no additional assessment was required. With the current economic situation, we were able to negotiate very favorable costs on labor and the materials used on the project.
The railroad ties were rotting and termite infested. Installing stone walls eliminates that issue entirely. The signs were also deteriorating and required continuous upkeep. The materials used in the new signs will also eliminate such extensive maintenance. The Board looked at several designs and approved something with a brighter, cleaner appearance that highlighted the Riverbend logo.
The Hidden Lake entrance was reworked to better accommodate the school bus stop. We looked to reduce the stones in the erosion and stones in the street. Hopefully the new set up will accomplish that without any damage to the walls, plantings, mulch, etc. If not, we will ask the School Board about changing the location of the bus stop.
November 2009 Newsletter Contents
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